Enterprise Ireland Mission Enterprise Ireland partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Ireland’s.

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Presentation transcript:

Enterprise Ireland Mission Enterprise Ireland partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Ireland’s international trade, innovation, leadership and competitiveness. Enterprise Ireland partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Ireland’s international trade, innovation, leadership and competitiveness. The ultimate objective is increased exports, employment and prosperity in Ireland. The ultimate objective is increased exports, employment and prosperity in Ireland.

Ireland & Enterprise Ireland Ireland: A good place for a tech start-up Enterprise Ireland knows about: Start-ups Developing companies Commercialisation of research outcomes

International Comparison Although the Irish technology transfer system is relatively young, it is producing results which compare favourably with the latest available international data. Performance Indicators per 100m PPPS R&D Expenditure PPP – Purchasing Power Parity US – Data from Association of University Technology Transfer Managers EU –Data from Association of European Science and Technology Transfer Professionals (ASTP)

Commercialisation End to End Solution Milestone Funding Technology Advice Market Info. Business Planning Incubation supports Campus or existing company Significant Investment Contacts Market Info. Business Advice In company & R&D collaboration support Growing Business Funding Market Info. Overseas Office Network Contacts Exporting Commercialisation Funding Commercial Advice Technology Advice Market Info. Access to Seasoned Entrepreneurs Patent Support Professional TTOs Market Focussed Technology Development We help every step of the way ….

Conclusions: Ireland: Systematic support Gap between having a research result and commercial impact. Requires funding, networks and a responsive ecosystem to have impact. It is difficult work Portfolio of outcomes over time.

Reserve slides

Impact of EI Investment The system is working… 60 professional TT staff now in place in colleges System now producing c30 companies and over 90 licences a year. 16 Incubation Centres operational employing over 1300 people Number Licences Spin outs Start of the Technology Transfer Strengthening Initiative Substantial Increase in Commercialisation